{"id":537608,"date":"2023-06-13T07:10:50","date_gmt":"2023-06-13T07:10:50","guid":{"rendered":"https:\/\/uniquehot.com\/?p=537608"},"modified":"2023-06-13T07:10:50","modified_gmt":"2023-06-13T07:10:50","slug":"floki-recovers-from-a-bad-fall-climbs-back-up-to-the-green-zone","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/floki-recovers-from-a-bad-fall-climbs-back-up-to-the-green-zone\/","title":{"rendered":"FLOKI Recovers From A Bad Fall, Climbs Back Up To The Green Zone"},"content":{"rendered":"

In the midst of a volatile cryptocurrency market, Floki Inu (FLOKI) has managed to defy expectations and become a symbol of optimism for investors. While altcoins face the challenges of a recession triggered by the Securities and Exchange Commission’s actions against major cryptocurrencies in the US, the meme coin sector is struggling with declining capitalization, sinking further into uncertainty.<\/p>\n

However, against all odds, FLOKI has kept its steady bearing and rise above the chaos, proudly glowing in green on today’s trading charts.<\/span><\/p>\n

As the cryptocurrency world grapples with regulatory hurdles and market volatility, FLOKI remains steadfast, capturing the attention of investors and defying the prevailing negative market sentiment.\u00a0<\/span><\/p>\n

Floki Inu (FLOKI) Surges Amidst Meme Coin Downturn<\/strong><\/h2>\n

In the midst of a recent collapse in meme coins, Floki Inu (FLOKI) has experienced a noteworthy 24-hour rally of 5.17%. This surge has propelled its price on <\/span>Coin<\/span>MarketCap<\/a> to $0.00002218. Furthermore, the trading volume for FLOKI has reached an impressive $10,059,314 in the last 24 hours, catapulting it to the fifth position among the most traded meme coins.<\/span><\/p>\n

Related Reading: Coinbase Receives Hong Kong Legislator\u2019s Support Amid Regulatory Storm<\/a><\/div>\n

\"\"<\/p>\n

Source: CoinMarketCap<\/pre>\n
In stark contrast, its competitors, including popular coins such as Dogecoin (DOGE) and Shiba Inu (SHIB), have been experiencing declines, with their market caps diminishing by 0.5% to 1%.<\/span><\/p>\n
Amidst the current downturn in meme coins, FLOKI<\/a> has emerged as a standout performer, attracting attention and trading activity while its counterparts falter. This unexpected surge showcases the resilience and potential of FLOKI, demonstrating its ability to rebound and generate renewed interest in an otherwise challenging market environment.<\/span><\/p>\n
\"\"<\/p>\n
FLOKI in an upward trajectory. Source: CoinMarketCap.<\/pre>\n
Crypto Market Remains Volatile Amid Regulatory Uncertainty<\/strong><\/h2>\n
As the new week began, the crypto market showed signs of renewed activity, albeit with cautious optimism as regulatory crackdowns from the previous week continued to weigh on sentiment. The uncertainty surrounding the classification of crypto tokens added to investor jitters, further exacerbating the market’s volatility.<\/span><\/p>\n
Related Reading: Venture Firm Andreessen Horowitz To Open 1st UK Office Amid Crypto Scrutiny In US<\/a><\/div>\n
The index tracking the <\/span>top 100 crypto tokens<\/span><\/a> experienced a decline of 0.8%, reflecting the cautious mood prevailing among investors. Latest data indicated that the total market capitalization of cryptocurrencies slipped to $1.09 trillion on Monday, underscoring the ongoing challenges faced by the market.<\/span><\/p>\n
<\/p>\n
Bitcoin re-enters the $26K territory. BTCUSD chart: TradingView.com<\/a><\/pre>\n
Regulatory ambiguity has become a significant point of concern, with differing views on the classification of various tokens. While Bitcoin (and apparently<\/span> Ethereum and Litecoin<\/span><\/a>) is not by definition a security by US regulators, SEC Chair Gary Gensler has emphasized that most other tokens fall under the agency’s investor-protection laws.\u00a0<\/span><\/p>\n
Furthermore, Gensler has stressed the importance of trading platforms registering with the SEC, adding another layer of complexity to the regulatory landscape.<\/span><\/p>\n
(This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk).<\/em><\/p>\n
Featured image from <\/span>BlockchainReporter<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
In the midst of a volatile cryptocurrency market, Floki Inu (FLOKI) has managed to defy expectations and become a symbol of optimism for investors. While altcoins face the challenges of a recession triggered by the Securities and Exchange Commission’s actions against major cryptocurrencies in the US, the meme coin sector is struggling with declining capitalization, sinking further into uncertainty. However, against all odds, FLOKI has kept its steady bearing and rise above the chaos, proudly glowing in green on today’s trading charts. As the cryptocurrency world grapples with regulatory hurdles and market volatility, FLOKI remains steadfast, capturing the attention of investors and defying the prevailing negative market sentiment.\u00a0 Floki Inu (FLOKI) Surges Amidst Meme Coin Downturn In the midst of a recent collapse in meme coins, Floki Inu (FLOKI) has experienced a noteworthy 24-hour rally of 5.17%. This surge has propelled its price on CoinMarketCap to $0.00002218. Furthermore, the trading volume for FLOKI has reached an impressive $10,059,314 in the last 24 hours, catapulting it to the fifth position among the most traded meme coins. Related Reading: Coinbase Receives Hong Kong Legislator\u2019s Support Amid Regulatory Storm Source: CoinMarketCap In stark contrast, its competitors, including popular coins such as Dogecoin (DOGE) and Shiba Inu (SHIB), have been experiencing declines, with their market caps diminishing by 0.5% to 1%. Amidst the current downturn in meme coins, FLOKI has emerged as a standout performer, attracting attention and trading activity while its counterparts falter. This unexpected surge showcases the resilience and potential of FLOKI, demonstrating its ability to rebound and generate renewed interest in an otherwise challenging market environment. FLOKI in an upward trajectory. Source: CoinMarketCap. Crypto Market Remains Volatile Amid Regulatory Uncertainty As the new week began, the crypto market showed signs of renewed activity, albeit with cautious optimism as regulatory crackdowns from the previous week continued to weigh on sentiment. The uncertainty surrounding the classification of crypto tokens added to investor jitters, further exacerbating the market’s volatility. Related Reading: Venture Firm Andreessen Horowitz To Open 1st UK Office Amid Crypto Scrutiny In US The index tracking the top 100 crypto tokens experienced a decline of 0.8%, reflecting the cautious mood prevailing among investors. Latest data indicated that the total market capitalization of cryptocurrencies slipped to $1.09 trillion on Monday, underscoring the ongoing challenges faced by the market. Bitcoin re-enters the $26K territory. BTCUSD chart: TradingView.com Regulatory ambiguity has become a significant point of concern, with differing views on the classification of various tokens. While Bitcoin (and apparently Ethereum and Litecoin) is not by definition a security by US regulators, SEC Chair Gary Gensler has emphasized that most other tokens fall under the agency’s investor-protection laws.\u00a0 Furthermore, Gensler has stressed the importance of trading platforms registering with the SEC, adding another layer of complexity to the regulatory landscape. (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from BlockchainReporter<\/p>\n","protected":false},"author":557,"featured_media":537615,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[1144,13331,8686,84818,87130,83767,4735],"class_list":["post-537608","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-btcusd","tag-crypto-regulation","tag-ethusd","tag-floki-inu","tag-floki-price","tag-meme-coins","tag-price-action"],"acf":[],"yoast_head":"\nFLOKI Recovers From A Bad Fall, Climbs Back Up To Green Zone<\/title>\n<meta name=\"description\" content=\"In the midst of a volatile cryptocurrency market, Floki Inu (FLOKI) has managed to defy expectations and become a symbol of optimism for investors. 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/uniquehot.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"FLOKI Recovers From A Bad Fall, Climbs Back Up To The Green Zone","url":"http:\/\/uniquehot.com\/news\/floki-recovers-from-a-bad-fall-climbs-back-up-to-the-green-zone\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/floki-recovers-from-a-bad-fall-climbs-back-up-to-the-green-zone\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/06\/a-70.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/06\/a-70.png?fit=829%2C409"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["btcusd","crypto regulation","ethusd","floki inu","floki price","meme coins","price action"],"dateCreated":"2023-06-13T07:10:50Z","datePublished":"2023-06-13T07:10:50Z","dateModified":"2023-06-13T07:10:50Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"FLOKI Recovers From A Bad Fall, Climbs Back Up To The Green Zone\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/floki-recovers-from-a-bad-fall-climbs-back-up-to-the-green-zone\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/floki-recovers-from-a-bad-fall-climbs-back-up-to-the-green-zone\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/06\\\/a-70.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/06\\\/a-70.png?fit=829%2C409\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"btcusd\",\"crypto regulation\",\"ethusd\",\"floki inu\",\"floki price\",\"meme coins\",\"price action\"],\"dateCreated\":\"2023-06-13T07:10:50Z\",\"datePublished\":\"2023-06-13T07:10:50Z\",\"dateModified\":\"2023-06-13T07:10:50Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/06\/a-70.png?fit=829%2C409","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/537608"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=537608"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/537608\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/537615"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=537608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=537608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=537608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}